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All in the family? Social performance and corporate governance in the family firm

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  • McGuire, Jean
  • Dow, Sandra
  • Ibrahim, Bakr

Abstract

We analyze the social performance of a sample of publicly traded family and non-family firms. Using the KLD index of social performance, we find a negative relationship between family firm status and poor social performance. However, we find no evidence that corporate governance is related to firm social performance. Findings also provide evidence that corporate governance moderates the relationship between extent of family control and social performance.

Suggested Citation

  • McGuire, Jean & Dow, Sandra & Ibrahim, Bakr, 2012. "All in the family? Social performance and corporate governance in the family firm," Journal of Business Research, Elsevier, vol. 65(11), pages 1643-1650.
    • Handle: RePEc:eee:jbrese:v:65:y:2012:i:11:p:1643-1650
    DOI: 10.1016/j.jbusres.2011.10.024
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